Insights

Our past experience, insights on present developments, latest news and client alerts

Experience

We are pleased to have acted as the legal counsels to Pikchur TV for the launch of its online streaming platform and the upcoming premier of its first original production, Phattak.

News

We are pleased to share that three Senior Associates from the Lahore office have been promoted as Associate Partners. This brings the total number of partners at ABS & Co to 11; three of which are now women.

News

In a new development, Iran has invited Pakistan’s legal team led by ABS & Co. to thrash out if US sanctions on Iran are applicable to the Gas Sales Purchase Agreement signed between Iran and the Islamic Republic of Pakistan in 2009.

News

Ahmer Bilal Soofi, Founding Partner of ABS & Co, has been added to Shanghai Arbitration Commission's Panel of Arbitrators. Ahmer is a seasoned arbitration lawyer with several years of experience in handling complex commercial disputes.

Our Lahore based team recently advised Rymarz-Zdort, a Polish company, on pre-merger thresholds under the competition laws of Pakistan.

Experience

ABS & Co's Lahore based disputes practice group successfully represented Uniteed Bank Limited (UBL) in its recovery suit against Shama Exports.

News

Ahmer Bilal Soofi has been appointed as a member of the Board of Trustees of the Arbitration Center of the Organization of Islamic Cooperation (OIC).

Experience

Earlier this week, NUST signed an agreement with a multinational consortium led by International Consulting Associates (ICA) for the development and expansion of National Science & Technology Park (NSTP), Pakistan’s first STP, at NUST Islamabad campus. The consortium led by International Consulting Associates includes ABS & Co as the legal advisors. The legal team is being led by Barrister Shahrukh Iftikhar from the Islamabad office. 

Experience

A two-member arbitral tribunal unanimously awards Rs. 1.9 billion in compensation to Mughals Pakistan arising out of a construction contract.

ABS & Co recently advised Telenor Microfinance Bank in relation to an inquiry report prepared by FRMU on the financial embezzlement and dispute loan portfolio of bank officers. After examining the internal inquiry report prepared by the Bank, ABS & Co advised the Bank on possible violations of the State Bank's prudential regulations and criminal prosecution against the employees including registration of FIRs and other remedies available under labor and employment law.

Experience

ABS & Co secured a major victory for Fizza Developers in relation to its dispute with Essem Hotels arising from the Employer's repudiatory breach of the construction contract for a 5-star hotel in Islamabad.

Alerts

We are pleased to announce that Sarjeel Mowahid and Ahmed Reza Mirza from our team wrote the Pakistan chapter for Lexology's Foreign Investment Review providing a detailed background to the legal and regulatory framework governing foreign investments in the country.

News

Ahmer Bilal Soofi, Founding and Managing Partner of ABS & Co, has been elected to the International Chamber of Commerce (ICC) International Court of Arbitration. Ahmer will serve for a three-year term from 2021 to 2024. 

Experience

ABS & Co's Lahore based-team recently advised Total Parco Pakistan in relation to a false and defamatory news item published in relation to Total's business in Daily Khabrain. In the news, it was alleged that Total was involved in smuggling of oil from Iran and for blending it with water.

Experience

ABS & Co advised state-owned, Sui Northern Gas Pipeline Limited (SNGPL), in relation to its Gas Supply Agreement with Pakistan Electric Power Company, GENCO-II at Guddu. The buyer under the GSA operates a 1655 MW power plant in District Kashmore and was previously allocated gas by the Government of Pakistan up to a total of 120 mmcfd from different gas fields.

News

Samar Masood, Partner at ABS & Co, was invited to speak at the University of Management at Technology (UMT), Lahore on a seminar conducted in collaboration with Oxford University Press (OUP) highlighting issues regarding intellectual property rights in Pakistan.

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